https://www.taxtmi.com/caselaws?id=421394 The Tribunal allowed the appeal by the assessee, deleting the disallowance of Rs. 11,26,938/- for late payment of employees' contribution to EPF and other welfare funds. The Tribunal relied on judicial precedents and held that contributions made before the filing of the return under section 139(1) should not be disallowed, even if made after the due date specified in the Acts. The Tribunal considered the Finance Act, 2021 amendment but applied the existing precedents as the assessment year predated the amendment. en-us Mon, 28 Mar 2022 00:00:00 +0530 Sat, 23 Apr 2022 08:34:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421394 The Tribunal allowed the appeal by the assessee, deleting the disallowance of Rs. 11,26,938/- for late payment of employees' contribution to EPF and other welfare funds. The Tribunal relied on judicial precedents and held that contributions made before the filing of the return under section 139(1) should not be disallowed, even if made after the due date specified in the Acts. The Tribunal considered the Finance Act, 2021 amendment but applied the existing precedents as the assessment year predated the amendment. Case-Laws Income Tax Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421394